AMD
Advanced Micro Devices, Inc.
AMD has the edge over DT overall, supported by stronger fundamentals and stronger modeled upside.
DT
Dynatrace, Inc.
DT has slightly lower modeled downside risk, despite its lower overall score.
AMD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AMD's revenue, profitability, cash flow and balance sheet are all currently strong.
DT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Strong | |
| Strong |
DT's revenue, cash flow and balance sheet are currently healthy, and its profitability is stable.
AMD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 39x | $585 | — |
| Cheap | 40x | $182 | -69% |
| Fair | 112x | $514 | -12% |
| Current | 127x | $585 | — |
| Expensive | 206x | $947 | +62% |
Historical ranges are pointers, not guarantees.
AMD's PE is in its fair range at 127x. If earnings grow as analysts expect, today's price would be 39x next year's earnings, in its cheap range.
DT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $44.90 | — |
| Cheap | 42x | $22.55 | -50% |
| Current | 83x | $44.90 | — |
| Fair | 103x | $55.64 | +24% |
| Expensive | 244x | $132 | +194% |
Historical ranges are pointers, not guarantees.
DT has the edge over AMD in the historical PE scenario, which offers more potential upside but is not a forecast.
AMD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Low |
AMD has the edge over DT on the outlook, with more favorable profitability expectations.
DT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Weakening | |
| Broad | |
| Moderate |
Analysts expect earnings and revenue growth for DT, but weaker profitability.
AMD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $15.05 | +227% |
| Q3 2026 | $4.60 | +127% |
| Q2 2026 | $3.89 | +122% |
| Q1 2026 | $3.05 | +123% |
| Q4 2025 | $2.65 | +165% |
| Q3 2025 | $2.03 | +81% |
| Q2 2025 | $1.75 | +111% |
| Q1 2025 | $1.37 | +99% |
| Q4 2024 | $1.00 | +89% |
AMD has the edge over DT on earnings, with more consistent year-over-year improvement.
DT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.92 | +255% |
| Q3 2026 | $0.54 | -67% |
| Q2 2026 | $0.50 | -69% |
| Q1 2026 | $0.54 | -66% |
| Q4 2025 | $0.60 | -63% |
| Q3 2025 | $1.66 | +202% |
| Q2 2025 | $1.62 | +212% |
| Q1 2025 | $1.59 | +206% |
| Q4 2024 | $1.60 | +142% |
DT's earnings per share have fallen from their peak: $0.54 over the past year, against $1.66 in late 2025.
AMD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $13.4B | +45% |
| Q2 2026 | $11.5B | +50% |
| Q1 2026 | $10.3B | +38% |
| Q4 2025 | $10.3B | +34% |
| Q3 2025 | $9.2B | +36% |
| Q2 2025 | $7.7B | +32% |
| Q1 2025 | $7.4B | +36% |
| Q4 2024 | $7.7B | +24% |
AMD has the edge over DT on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +7.4 points |
| Q2 2026 | 17% | +19 points |
| Q1 2026 | 14% | +3.6 points |
| Q4 2025 | 17% | +5.7 points |
| Q3 2025 | 14% | +3.1 points |
| Q2 2025 | -1.7% | -6.4 points |
| Q1 2025 | 11% | +10 points |
| Q4 2024 | 11% | +5.8 points |
AMD has the edge over DT on profitability, with a higher operating margin.
DT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $579.9M | +17% |
| Q2 2026 | $554.5M | +16% |
| Q1 2026 | $531.7M | +19% |
| Q4 2025 | $515.5M | +18% |
| Q3 2025 | $493.8M | +18% |
| Q2 2025 | $477.3M | +20% |
| Q1 2025 | $445.2M | +17% |
| Q4 2024 | $436.2M | +19% |
DT's revenue has grown year over year every quarter since late 2020: $580M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 16% | +1.7 points |
| Q2 2026 | 13% | -0.2 points |
| Q1 2026 | 7% | -2.6 points |
| Q4 2025 | 14% | +3.2 points |
| Q3 2025 | 15% | +3.5 points |
| Q2 2025 | 13% | +2.5 points |
| Q1 2025 | 9.6% | +3.6 points |
| Q4 2024 | 11% | +1.1 points |
DT's operating margin was 16% last quarter, up 1.7 points from the same quarter a year ago, near the top of its range since 2019.
AMD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $554M | -71% |
| Q2 2026 | $1.6B | -9.9% |
| Q1 2026 | $2.6B | +253% |
| Q4 2025 | $2.4B | +118% |
| Q3 2025 | $1.9B | +283% |
| Q2 2025 | $1.7B | +294% |
| Q1 2025 | $727M | +92% |
| Q4 2024 | $1.1B | +351% |
AMD has the edge over DT on cash flow, with stronger typical year-over-year growth.
DT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $36M | +29% |
| Q2 2026 | $303.1M | +16% |
| Q1 2026 | $212.4M | +43% |
| Q4 2025 | $27.2M | -28% |
| Q3 2025 | $27.8M | +38% |
| Q2 2025 | $262.2M | +15% |
| Q1 2025 | $148.2M | +22% |
| Q4 2024 | $37.6M | -48% |
DT's free cash flow has been positive every quarter for seven years: $579M over the past year, up 22% from the year before.
AMD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +2M shares |
| 1 year | +1.2% | +20M shares |
| 3 years | +2% | +32M shares |
| 5 years | +35% | +431M shares |
| Available history | +40% | +473M shares |
AMD has 1.7B diluted shares, up 1.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $221M |
| Q4 2025 | — |
| Q3 2025 | $89M |
| Q2 2025 | $478M |
| Q1 2025 | $749M |
| Q4 2024 | $256M |
AMD has spent almost nothing on buybacks in the past year.
DT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.7% | +7.9M shares |
| 1 year | -0.9% | -2.6M shares |
| 3 years | +1.3% | +3.9M shares |
| 5 years | +3.6% | +10.5M shares |
| Available history | +7.7% | +21.5M shares |
DT has the edge over AMD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $247.4M |
| Q2 2026 | $275.5M |
| Q1 2026 | $223.7M |
| Q4 2025 | $160M |
| Q3 2025 | $50M |
| Q2 2025 | $45M |
| Q1 2025 | $42.5M |
| Q4 2024 | $40M |
DT spent $907M buying back its own shares over the past year, about five times what it spent the year before.
AMD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2020 | -1.0x | Net Cash |
| Q1 2020 | -0.8x | Net Cash |
| Q4 2019 | -1.2x | Net Cash |
AMD has more cash than debt.
DT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -6.8x | Net Cash |
| Q2 2026 | -3.8x | Net Cash |
| Q1 2026 | -4.1x | Net Cash |
| Q4 2025 | -4.0x | Net Cash |
| Q3 2025 | -4.8x | Net Cash |
| Q2 2025 | -5.2x | Net Cash |
| Q1 2025 | -4.5x | Net Cash |
| Q4 2024 | -4.2x | Net Cash |
DT has more cash than debt.
AMD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.3 | Neutral |
| Stochastic | 41.4 | Neutral |
AMD's weekly RSI is 59 (neutral) and its Stochastic is 41 (neutral).
DT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.9 | Neutral |
| Stochastic | 25.2 | Neutral |
DT's weekly RSI is 44 (neutral) and its Stochastic is 25 (neutral).
AMD PE vs Technology Sector
| Metric | AMD | Sector median | Relative |
|---|---|---|---|
| PE | 127x | 28x | 357% above |
| PE % | 61 | 35 | 26 pts above |
AMD is trading at 127x earnings, a 357% premium to the Technology sector's median of 28x.
DT PE vs Technology Sector
| Metric | DT | Sector median | Relative |
|---|---|---|---|
| PE | 83x | 28x | 198% above |
| PE % | 30 | 35 | 5 pts below |
DT has the edge over AMD on valuation relative to its sector.
AMD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $557.2 | 5.1% above |
| 20 week MA | $525.9 | 11% above |
| 50 week MA | $389.7 | 50% above |
| 100 week MA | $266.9 | 119% above |
| 200 week MA | $199.6 | 193% above |
AMD has the edge over DT on trend strength, trading above more of its moving averages.
DT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $56.5 | 21% below |
| 20 week MA | $51.5 | 13% below |
| 50 week MA | $44.3 | 1.3% above |
| 100 week MA | $47.7 | 5.8% below |
| 200 week MA | $48.1 | 6.7% below |
DT's trend is mixed: it's above one of its five weekly moving averages, and 6.7% below its 200-week average.
AMD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $46.2 | $91.8 | +99% |
| 2021 | $91.8 | $146.1 | +59% |
| 2022 | $146.1 | $64.5 | -56% |
| 2023 | $64.5 | $147.4 | +128% |
| 2024 | $147.4 | $125.2 | -15% |
| 2025 | $125.2 | $215.0 | +72% |
| 2026 YTD | $215.0 | $585.3 | +172% |
AMD has the edge over DT on returns for 2026, with the stronger performance.
DT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.7 | $43.2 | +68% |
| 2021 | $43.2 | $60.7 | +41% |
| 2022 | $60.7 | $37.3 | -39% |
| 2023 | $37.3 | $54.7 | +47% |
| 2024 | $54.7 | $54.7 | 0% |
| 2025 | $54.7 | $44.3 | -19% |
| 2026 YTD | $44.3 | $44.9 | +1.3% |
DT has finished lower in three of the last six years. It's up 1.3% so far in 2026.